Gold Loan Per Gram in 2025: Latest Rates from Top Banks & NBFCs
Overview:
In 2025, gold loans remain a quick and reliable way to access funds by pledging gold jewellery, with loan rates per gram ranging from ₹4,850 to ₹5,400 based on gold purity, market price, and lender policies. This guide compares the latest gold loan per gram rates offered by top banks like SBI, HDFC, ICICI and NBFCs like Muthoot and Manappuram, while also covering interest rates, repayment options, eligibility, and key tips to maximise loan value. With digital applications, fast approvals, and flexible repayment modes, gold loans have become a preferred financial solution for both salaried and self-employed individuals across India.
In 2025, gold loans continue to be one of the fastest, easiest, and most trusted ways to borrow money in India. Whether you’re managing a medical emergency, starting a business, or funding your child’s education, pledging your gold jewellery can help you unlock instant cash. But how much loan can you get per gram of gold?
In this guide, we’ll explain everything about gold loan per gram in 2025 — the latest rates, interest charged by top banks and NBFCs, eligibility, repayment options, tips to save money, and more.
What is “Gold Loan Per Gram”?
A gold loan per gram is the amount of money a lender gives you for each gram of gold that you pledge. The actual rate depends on:
- Gold purity (22K or 24K)
- Daily gold price
- Loan-to-value (LTV) ratio set by RBI (maximum 75%)
- Lender’s policies
💡 Example:
If today’s gold price is ₹5,400 per gram and the bank offers 75% LTV, you will get:
₹5,400 × 75% = ₹4,050 per gram (loan amount)
📝 Note: Banks typically accept gold ornaments between 18K to 24K purity. Pure gold fetches the highest loan amount.
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Gold Loan Per Gram Rates in 2025 – Bank & NBFC Wise Table
Below is a comparison table of gold loan rates per gram, interest rates, and other charges as of July 2025:
| Lender | Rate Per Gram (24K) | Interest Rate (p.a.) | Max Tenure | Processing Fees | Foreclosure Charges |
|---|---|---|---|---|---|
| SBI | ₹4,950 – ₹5,100 | 8.90% – 9.50% | Up to 36 months | ₹500 + GST | Nil |
| HDFC Bank | ₹5,000 – ₹5,250 | 9.50% – 12% | Up to 24 months | 1% or ₹1,000 min | 1% |
| Axis Bank | ₹4,900 – ₹5,200 | 10% – 13% | Up to 24 months | ₹999 flat | Nil |
| ICICI Bank | ₹5,000 – ₹5,300 | 10% – 13.5% | Up to 24 months | 0.25% to 1% of loan | Nil |
| Muthoot Finance | ₹4,850 – ₹5,400 | 12% – 24% | 7 days – 36 months | ₹0 – ₹500 | Nil |
| Manappuram Finance | ₹4,800 – ₹5,380 | 12% – 26% | 7 days – 12 months | ₹0 – ₹500 | Nil |
| IIFL Finance | ₹4,900 – ₹5,250 | 11.5% – 18% | Up to 2 years | 0.5% or ₹750 | Nil |
🔖 Quick Tip: Use a gold loan calculator 2025 (available on most bank websites) to check your eligible loan amount.
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How to Calculate Gold Loan Per Gram?
Formula:
Loan Per Gram = (Current Gold Price × Gold Purity Value) × LTV %
Example for 50 grams of 22K gold:
- Current 22K price = ₹5,150
- LTV = 75%
Loan = 50 × ₹5,150 × 75% = ₹1,93,125
🔹 Tip:
Use real-time calculators from:
What Affects Your Gold Loan Per Gram Rate?
| Factor | Impact |
|---|---|
| Gold Purity | Higher karat = higher value per gram |
| Gold Market Rate | Based on international and domestic gold prices |
| Loan-to-Value (LTV) | RBI allows max 75% of gold value |
| Type of Institution | NBFCs offer higher per gram but charge more interest |
| Location & Branch Policy | Rural branches may offer slightly higher payouts |
Tip: Get your gold tested in 24K form if possible to maximise loan value.
Eligibility Criteria for Gold Loan in 2025
Anyone can get a gold loan—even without a salary or good credit score.
| Criteria | Requirement |
|---|---|
| Age | 18 to 70 years |
| Gold Purity | 18K to 24K (hallmarked preferred) |
| CIBIL Score | Not required |
| Ownership | Should own the gold being pledged |
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Documents Required
- Aadhaar Card
- PAN Card
- Voter ID/Passport/Utility Bill
- Passport-size photo
No income proof or salary slip is required.
Repayment Options for Gold Loan
| Repayment Mode | Description | Best For |
|---|---|---|
| EMI (Monthly) | Regular monthly interest + principal | Salaried borrowers |
| Bullet Repayment | Interest monthly, principal at end | Business owners/farmers |
| Overdraft/OD | Use loan like a credit limit | Traders, shopkeepers |
| Prepayment | Full or partial repayment any time | Flexible for all |
✅ No prepayment charges in most NBFCs and some banks.
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Bank vs NBFC: Which Is Better?
| Feature | Bank | NBFC |
|---|---|---|
| Interest Rate | Lower (8–12%) | Higher (12–26%) |
| Disbursal Time | 1–2 days | 30 minutes – 1 hour |
| Processing Fees | Moderate | Often minimal |
| Loan per gram | ₹4,900 – ₹5,200 approx. | ₹5,000 – ₹5,400 approx. |
| Branch Access | Limited to working hours | Extended or doorstep pickup |
🧠 Expert Advice: If speed matters, go for NBFCs. If cost matters, go for banks.
Trends in 2025: What’s New in Gold Loans?
- 💳 Digital Gold Loans via apps (SBI YONO, Muthoot One, ICICI iMobile)
- 🛵 Doorstep Gold Loan Services in metro cities
- 📉 Zero Processing Fee Offers for festive periods
- 🔐 Gold Insurance during storage is becoming common
- 👩🌾 Special Agri-Gold Loans for farmers at lower rates
Expert Tips Before You Apply
✔️ Compare 3 lenders minimum
✔️ Choose a shorter tenure to save on interest
✔️ Avoid renewing the gold loan repeatedly – it increases the cost
✔️ Ask for pledge receipt + insurance slip
✔️ Go with RBI-registered institutions only
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Conclusion
If you need quick cash and own gold ornaments, a gold loan per gram scheme in 2025 is a great choice. But always compare lenders, use a gold loan calculator, understand repayment terms, and ensure the safety of your jewellery. Whether you choose SBI, HDFC, Muthoot, or Manappuram, being informed helps you get the best deal with peace of mind.
Frequently Asked Questions (FAQs)
It ranges from ₹4,850 to ₹5,400 based on gold purity and the lender.
Muthoot and ICICI Bank offer some of the highest per-gram rates.
Yes, if you choose RBI-registered institutions. They keep it in secure vaults.
No. Gold loans are asset-backed. No income proof is required.
Yes. Most banks and NBFCs have apps and online portals for gold loans.
Banks may take 1 day; NBFCs disburse in 30–60 minutes.
Yes. Most lenders allow early closure with no charges.
Based on purity and the current day’s gold price.
Lender will send notice and may auction your gold after a few months.
Yes, but only from banks and up to a limit (usually 50gms max).
